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Tuesday, 04/17/2018 12:46:27 PM

Tuesday, April 17, 2018 12:46:27 PM

Post# of 62381
That convertible note list gets a hell of a lot longer every time I look at it. These guys are taking out constant and massive convertible loans (very favorable for the lenders) to stay afloat with revenues (and expected revenues) that don't come close to touching them. Even though the Q's are finally out, I wouldn't advise buying more $OMVS until either they have a solid plan to pay the loans without converting them or their revenues increase at least 10x (assuming future loan amounts stay similar to current ones).

Good news in these 10Q's: increasing revenue (not as fast as I'd hoped but I'll take any revenue increase over none). Bad news: your shares in 1 year's time are probably going to be worth 1/1000th of their current value if those loans get converted.
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